Conversion Opportunity – Greater Boston
| Asking Price: | $189,000 |
| Gross Revenue: | $800,000 |
This is a rare opportunity to own an established restaurant in one of the most prestigious and dynamic neighborhoods outside of Boston. The restaurant scene is known for its diversity and eclectic offerings. This is your chance to add a unique flavor to the mix, whether it's the keeping the existing Latin American concept, or converting to a trendy bistro, cozy café, or any other fine dining establishment. You will serve a vibrant community that includes students, professors, locals, and tourists. This restaurant boasts a very sought-after and beautiful garden patio seating area, offering an al fresco dining experience like no other in the heart of a very desirable neighborhood! Sales can be increased by expanding operating days/hours.
PARKING: Local street and city parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 3 years remaining with one (1) five-year option
BASE RENT: $6,488 per month
CONCEPT: Latin American Restaurant
SIZE: 1,500 square feet plus garden
SEATS: 49 inside, 22 outside
HOURS: Open 6 days/week for Lunch & Dinner
LICENSES: CV & Beer and Wine License
SALES: Pre-Covid sales of $800,000
ASKING PRICE: $189,000 (For the Business)
